The grades of five software stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).
This week, Envivio, Inc. () is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). Envivio provides software-based IP video processing and distribution solutions to mobile and broadband service providers, cable multiple system operators, and direct broadcast satellite service providers and content providers. In Portfolio Grader’s specific subcategories of Earnings Momentum, Earnings Revisions and Sales Growth, ENVI also gets A’s. .
This week, Giant Interactive Group, Inc. Sponsored ADR’s () ratings are up from a B last week to an A. Giant Interactive Group develops and operates online games in the People’s Republic of China. Ater posting five straight days of falling prices, the stock price is now $11.73. .
Intuit () is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. Intuit develops and markets business and financial management software solutions for small and medium sized businesses, financial institutions, consumers, and accounting professionals. The stock price is $74.32 after recording six straight days of falling prices. .
Perfect World Co., Ltd. Sponsored ADR Class B () improves from a B to an A rating this week. Perfect World develops and operates online games. .
Evolving Systems, Inc. () shows solid improvement this week. The company’s rating rises from a C to a B. Evolving Systems is a software company providing business and operational support services and solutions to the telecommunications industry. .
Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.
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